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GrassGaurdian t1_iyxepwf wrote

Reply to comment by Icy-Performance-3739 in Airbnb likely to lose more than 10K listings in NYC under tight new rules by NecessaryMistake9754

Well Walmart got to end up profitable because they actually have a business

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NYKyle610 t1_iyxq7iu wrote

Walmart is profitable because they pay their staff so low, that they become subsidized by the government (food stamps and other low income benefits).

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Icy-Performance-3739 t1_iyycn8q wrote

I wish more people cared about this. We privatize the gains but subsidize the losses of these corporations. It's so annoying.

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FeistyButthole t1_iz02ru5 wrote

It's so uniquely American.

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ZA44 t1_iz05h9r wrote

Not quite, feisty butthole, Germany has a history of propping up its major corporations too.

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FeistyButthole t1_iz09nty wrote

The also have a history of employee codetermination that is not strictly using employees as a fungible commodity.

It’s a bit like comparing buttholes and navels.

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Financial_Revenue_43 t1_iz0rz95 wrote

>We privatize the gains but subsidize the losses

I've never heard it put so eloquently.

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